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Fathom Nickel Inc C.FNI

Alternate Symbol(s):  FNICF

Fathom Nickel Inc. is a Canada-based exploration company. The Company is targeting magmatic nickel sulfide discoveries to support the growing global electric vehicle market and to secure the supply of North American critical minerals. The Company has a portfolio of three exploration projects located in the prolific Trans Hudson Corridor in Saskatchewan: Albert Lake Project, Gochager Lake Project, and Friesen Lake Project. The Albert Lake property consists of approximately 90,000+ hectares, located within the Rottenstone Domain, which defines the western margin of the Trans Hudson Corridor. The Gochager Lake property, consists of 34 contiguous mineral claims totaling over 22,620 hectares. Its 10,000+ hectare Friesen Lake Project is located 40 kilometers (km) southwest of the historic Rottenstone Mine and 30km northwest of the Gochager Lake deposit.


CSE:FNI - Post by User

Post by 4marlinon Apr 13, 2024 9:06am
161 Views
Post# 35987308

Gochager and financing

Gochager and financingImo, Gochager can best be described as an incipient discovery. 
Wide, high-grade i/s they do not have......assays will confirm one way or another.
If the narrow i/s are a little bit wider, and the grade is a little bit higher, than the market expects then maybe they can get a financing away on terms that are not disastrous for shareholders.
For me, the body language  in the recent webinar was really all you needed to know.

I will materailly back a financing only if:
  1. Mgement really puts money in. 
  2. Heavyweight 3rd party validation (with Ni expertise) is forthcoming
  3. At least one really deep (1000m) hole is planned.
Most of the commentary over on ceo.ca is hopeful gibberish.

That.s off the top of my head.
Bb
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